Nov 1, 2012 1:00pm EDT
science. it's just common sense, from td ameritrade. which isn't rocket science. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> you've seen the lines, the angry customers. you know the story -- there just isn't enough gasoline for everybody that needs it in the impact zone of this storm. before we go to our reporters from the latest -- for the latest from the front lines, let's take a step back and walk through the whole process from ground to pump. crude oil that is pumped from the ground is then transported by pipeline, tanker or barge to a refinery. and that's where the oil undergoes several processes, changing it into many products. but mainly for this purpose, gasoline. from there it is shipped, usually again through a pipeline, to a terminal. at th
Oct 29, 2012 1:00pm EDT
to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> absolutely stunning pictures of sandy as we take a look at this radar. as you can see, it is going to pack a wallop, not only in the high winds, but massive amounts of rain. it is a slow moving storm so it is going to be over much of the eastern seaboard for some time. as we have seen, hurricane sandy is already hitting the refineries, consumers and wall street. here to put some more numbers to the headlines. he's going to be with us the next couple of days. thank you so much for joining our team here at cnbc. or perhaps we're joining your team at the weather channel. people are at home, they're not out shopping certainly. what's the impact do you think on the retail sector? >> it's going to be a significant impact. citigroup just put out an analysis of november, calendar november or physical november. they estimate that it could take about 3% or 4% off of specialty apparel retailers and specialty retailers in general because of the storm. ironically though, october wi
Nov 2, 2012 1:00pm EDT
what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> gold having its worst day in four months, dipping below $1,700. prices closing rights now. sharon epperson tracking the action at the nymex. what's the issue, sharon? >> traders says it is more than fearso fearso fearsome friday that is taking gold prices down. the low of the session, $1,675 an ounce. that looks tonight closing price here. that fact we're seeing this sharp slide has a lot to do with the relative strength we are seeing in the dollar. after positive factory orders that we got, the jobs report also strengthening the dollar and causing a lot of trader to wonder if we really will see stimulus action taken effectively. also of course we have the election on tuesday and once that uncertainty passes, if there's still a lack of risk appeti appetite, traders say we could see much lower prices. look for $1,670, the 200-day moving average as the next key support level. >>> let's get to trader action here at the nyse as well. bob pisani joins me on the floor. >> i think sharon's got it right.
Oct 30, 2012 1:00pm EDT
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> bob pisani, a big interview with the head of the new york stock exchange with a big opening. bob, take it away. >> the important thing all systems are go, so far. new york stock exchange, nasdaq, everyone saying they are going to be open. joining us on the phone, duncan niederauer, ceo of the new york stock exchange. duncan, good afternoon. >> bob, how are you doing? >> terrific. so it's all systems go? can you walk us through what happened this morning? you gave us an update yesterday. tell us how met with this morning and how you came to the conclusion everything was going to open as normal? >> yeah, sure thing, we appreciate you letting us be on again today, too. so, first of all, we had to make sure we got through the evening and that we got through last night's high tide and this morning's high tide in lower manhattan so we've had people on site throughout the evening. and we got the report this morning that there was no -- there was n